Fund Custody License Threshold Increased, Leaving Only One Securities Trader in the Application Pipeline
2025-08-19 / Read about 0 minute
Author:小编   

As of the start of this year, new regulations pertaining to fund custody have come into effect, prompting several securities traders and banks to withdraw their applications for custody licenses due to failure to meet the heightened entry requirements. Notably, Dongwu Securities stands as the sole securities trader left in the queue for a custody license, marking a stark contrast from the seven traders that were awaiting approval at the close of 2024. This development underscores the industry's clear differentiation amidst heightened regulatory scrutiny.